College Selection Strategy

These days the biggest challenge for American families is saving money.

Our process focuses on identifying and exploring the negative impact of wealth transfers in the building of wealth.

Some major wealth transfers are:

• Compounding Interest in a Taxable Account (CD's)
• Non-deductible interest
• Financing Cars
• Liability / Asset Management
• Unnecessary Taxes And Lost Opportunity Costs

Our experience proves that most people transfer money away, unknowingly and unnecessarily. Obviously if you knew where the transfers were taking place, you would have already solved these problems.

We feel it is important to begin focusing on money you may be transferring away unnecessarily because this most often has the biggest impact on your Circle of Wealth over time. The interesting thing is that by avoiding unnecessary transfers, dollars are freed up to put towards accumulation or lifestyle, with no additional out-of-pocket cost.

As a Circle of Wealth Mentor Graduate, advanced training qualifies us to "find the money" you might be transferring away. The first step is to watch the first video that explains the foundation of the process. The other videos pertain to areas of your financial life.

Please feel free to contact Jim Kuhner at 817-456-8376 or email JKuhner@BenefitLight.com.

Are You Transferring Away Wealth Unknowingly and Unnecessarily?

If what you thought to be true, turned out not to be true, when would you want to know?

When it comes to finances, there are many commonly held beliefs that are simply not true. For example, many people think the only way to improve their savings is to either get a greater return on their investments or cut back on some of their lifestyle expenses. Fortunately there is another way.

Watch this video to discover how you can maximize your Circle of Wealth and find answers to these questions:

• What is "opportunity costs" and how does it impact your Circle of Wealth over time?
• How Tic Tac Toe applies to your Circle of Wealth?
• Why you should avoid compounding interest in taxable investments?
• How to increase your rate of return on savings without increasing risks?
• Why you should understand the importance of "process"--not the product--and how the understanding will change how you look at your money for the rest of your life?

What You Don't Know May Be More Important Than What You Do Know

Nobody likes paying taxes! In fact, most people would prefer to avoid paying taxes today at almost any cost. Many people put their money in a 401(k), IRA, SEP, or SIMPLE retirement accounts thinking they are saving taxes.

Watch the video and discover Qualified Plans do two things. They defer taxes and... 

Find the answers to these questions: 

• What are the two things Qualified Plans do you need to know?
• What do future tax rates have to do with Qualified Plans?
• What are the rules for accessing the money in Qualified Plans?
• What penalties are associated with Qualified Plans withdrawals?
• What the IRS will not ask you when you take out the money?

Knowing the answers to these questions today can impact what you receive tomorrow.

What you don't know about Qualified Plans could be more important than what you know.

Is what you don't know more important than what you do know?

Each couple in this video has the same ultimate goal in mind: to own their own home. There is more than one way to pay off your home. Each couple is going about it differently believing that the way they are doing it is best base on the things they believe to be true.

Watch this video to gain a deeper insight into these questions and more... 

• How much should you put down?
• When should you prepay principal?
• What is your equity doing for you?
• How do you maximize your tax deductions?

If what you thought to be true about "Permanent" Life Insurance turned out not to be true, when would you want to know?

You probably own some type of life insurance - and you most likely have an opinion that the policy you own is the right one. This video will provide information that can help you gain a level of understanding about this product few insurance companies nor their agents are willing to tell you.

Watch this video to learn:

• The rules the government has placed on these contracts and how understanding these rules can benefit you.
• Which type of insurance contracts offer the greatest benefits and be able to determine if you are being offered a Maximum Efficient Contract.
• How a capitalized maximum efficient contract can be utilized to establish your own personal banking system, eliminating unnecessary non-deductible interest wealth transfers.
• At your choice, when properly structured, the maximum efficient contract can provide you tax free retirement income unlike qualified plans such as 401(k), IRA, 457 Deferred Comp., etc.
  

No longer will you have to wonder if you bought the right product.

What you don't know may be more important than what you do know!

As retirement approaches and becomes a reality - it often brings with it new questions.

Watch this video to answer questions like:

• Do I have enough money to retire?
• Should I work a few more years?
• Will I be able to retire at the same lifestyle I enjoyed during my working years?
• How long will our money last?

Unfortunately, many of the "financial rules" you learned during your working years simply don't apply during retirement. The focus moves from accumulation to distribution. You have to become just as savvy in the "spending" of your assets as you were in the "accumulation" of your assets to avoid unnecessary wealth transfers - which can diminish the level of lifestyle you enjoy during retirement and reduce how long your money will last.

The enclosed video will discuss unnecessary wealth transfers and how avoiding them can enhance the length of time your money will last AND potentially provide more income for you to enjoy the lifestyle you desire.